Hermitage, MO Profile: Facts & Data

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Hermitage, Missouri - Basic Facts

The City of Hermitage had a population of 612 as of July 1, 2023.

The primary coordinate point for Hermitage is located at latitude 37.9414 and longitude -93.3163 in Hickory County. The formal boundaries for the City of Hermitage encompass a land area of 1.28 sq. miles and a water area of 0 sq. miles. Hickory County is in the Central time zone (GMT -6).

The City of Hermitage has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Hermitage is located within Township of Hermitage, a minor civil division (MCD) of Hickory County.


Jump to... (On This Page!)
  1. Hermitage 2023 Demographic Data
  2. Growth Rates for Hermitage (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Missouri Research Tools (Easy Tools & Current Data)
  3. Missouri Data Comparison Tool - 2023 Demographics
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Hermitage, MO Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 612 (100%)
Population in Households 445 (72.7%)
Population in Families 362 (59.2%)
Population in Group Quarters1 167 (27.3%)
Population Density 472
Diversity Index2 20
 
 

INCOME

Median Household Income $29,880
Average Household Income $43,914
% of Income for Mortgage4 25%
Per Capita Income $16,813
Wealth Index5 33
Socioeconomic Status Index6 Low (44.7)
 

HOUSING

Total HU (Housing Units) 276 (100%)
Owner Occupied HU 169 (61.2%)
Renter Occupied HU 38 (13.8%)
Vacant Housing Units 69 (25.0%)
Median Home Value $123,148
Average Home Value $153,254
Housing Affordability Index3 101
 

HOUSEHOLDS

Total Households 207
Average Household Size 2.15
Family Households 143
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.45% -0.40%
Households -1.72% -0.39%
Families   -0.42%
Median Household Income   0.75%
Per Capita Income   2.24%
Owner Occupied HU   -0.60%

Hermitage, MO - Peer Comparisons by Rank and Percentile

The table below compares Hermitage to the other 1,082 incorporated cities, towns and CDPs in Missouri by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 466 57th
Population Density # 696 36th
Median Household Income # 1047 3rd
Housing Affordability Index # 372 34th
Per Capita Income # 1064 2nd
Diversity Index # 575 47th

Additional comparisons and rankings can be made with a VERY EASY TO USE Missouri Census Data Comparison Tool.

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